The Sofia Civil Court registered Stoyan Alexandrov and Yuli Popov as executive directors of Tokuda Credit Express Bank on October 3. Stoyan Alexandrov will also be Chairman of the bank's Managing Board. Rozalina Natseva, executive director of the bank so far, will be the third member of the Managing Board.
Vanya Vassileva - CEO of Municipal Bank and Deputy Chairperson of the Association of Commercial Banks (ACB), will be acting Chairperson of teh Association. The post remained vacant since Spas Dimitrov left DSK Bank management. According ACB's statute, only representatives of commercial banks are allowed to participate in its Managing Board.